Score

1.86 /10
Danger

Honor Global

United States

5-10 years

Suspicious Regulatory License

MT5 Full License

Regional Brokers

High potential risk

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Comparison

Quantity 110

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index7.26

Risk Management Index0.00

Software Index6.13

License Index0.00

The WikiFX Score of this broker is reduced because of too many complaints!
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Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

Honor Global Markets Limited

Company Abbreviation

Honor Global

Platform registered country and region

United States

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 3
Previous Detection : 2024-09-22
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 103 for this broker in the past 3 months. Please be aware of the risk and the potential scam!

WikiFX Verification

Pyramid scheme complaint
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    Honor Global · Company summary

    General Information & Regulation

    Honor Global Markets Limited is an investment company that provides trading platforms for clients around the globe to trade on major markets across multiple asset classes including Forex, Indices, Shares, Spot Metals, Cryptocurrency and CFDs.

    Markets Instruments

    Honor Global is an online broker that offers hundreds of trading instruments including shares, forex, indices, commodities, cryptocurrencies and more.

    Account Types

    Honor Global offer 3 types of trading accounts that are flexible to suit the varying needs of different traders.

    Standard Account

    • Trading Platform: MT4

    • Account Currency: USD

    • Leverage: From 1:10 to 1:500

    • Min Deposit: $100

    • Spreads From: 1.2

    • Margin Call: 50%

    • Stop Out: 30%

    • Swap-Free: NO

    • Min Lots: 0.01

    ECN Account

    • Trading Platform: MT5

    • Account Currency: USD

    • Leverage: From 1:10 to 1:500

    • Min Deposit: $10,000

    • Spreads From: RAW

    • Margin Call: 50%

    • Stop Out: 30%

    • Swap-Free: NO

    • Min Lots: 0.01

    Islamic Account

    • Trading Platform: MT5

    • Account Currency: USD

    • Leverage: From 1:10 to 1:500

    • Min Deposit: $100

    • Spreads From: RAW

    • Margin Call: 50%

    • Stop Out: 30%

    • Swap-Free: YES

    Min Lots: 0.01

    Trading Platform Available

    Honor Global clients gain access to two of the most popular trading platforms, MetaTrader 4 and MetaTrader 5. The MetaTrader platforms are used by millions of traders from all over the world. They are known for having a user-friendly interface along with an abundance of features and functionalities to deliver a smooth trading experience.

    Deposit& Withdrawal

    Honor Global has a choice of easy and quick withdrawal and funding options from a range of providers. This includes credit/debit card, wire transfer, Skrill, PayPal and Neteller. Please note that some methods may only be available to specific countries and not all are available for both deposit and withdrawal. Some additional fees may be charged when using certain payment methods. The withdrawal time can vary depending on the payment provider and method. Bank transfers may take a few business days to clear whilst some methods can be instant.

    Customer Support

    Honor Global support team available to help 24/5. Customer service can be contacted via email, live chat and telephone.

    Restricted Regions

    Honor Global Markets Limited does not provide services to residents of the USA, Japan, British Columbia, Mauritius, Quebec and FATF black-listed countries.

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